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------ use Euros - LOLQuote:
Originally Posted by Weathermon & Mi Lady
Seriously though, I always use Jamaican dollars when I'm there. They are not difficult to understand and, in many places, easier than another currency. As for tipping, I still use Jamaican.
For now, at least!Quote:
Originally Posted by SLP
Its more fun to spend in Jamaican currency!
It seems if you pay in US$ and you get change back, it is in Jamaican and the rate they give you back can be less than the exchange rate at a cambio. If you are paying 3 or 4 percent more when paying US and then you get back 3 or 4 % less on the change..it really can add up..but of course it is not always the case..
:D at moment better to use GB pounds as JA$137 to £1 Euros JA$117 to €1 and USA$ JA85 to US$1Quote:
Originally Posted by SLP
In the 80's, Jamaicans couldn't turn in Jamaican Dollars and get US Currency in exchange so US Dollars were a hot commodity. People would take US Dollars to Miami and purchase auto parts to bring back to Jamaica to sell thus making a whole heap of money in the process. Today US Dollars are sought to hoard as a hedge against Inflation and constant devaluation of the Jamaican Currency.
It really makes little sense to use the Black Market to exchange money these days as the small amount of return possible is well outweighed by the possibility of getting counterfeit currency or ripped off during the transaction.
Peace and Guidance
What he said! Listen UP!!Quote:
Originally Posted by Accompong
mi had forgot all about dat.....Quote:
Originally Posted by Accompong
what a smile you would get when you gave them US dollars back then
back then the exchange rate was $1.78J's to $1 US in the early part of the 80's......
use to get Red Stripes for $2J's!
Cool Runnings, Marko
Use Jamaican dollars while in Jamaica. It's the easiest way to go, and it exercises the brain a bit with the mental conversion calculations. As Accompong said, don't exchange money on the black market (guys on the street), you are only asking to get ripped off.
Here is a link to the Bank of Jamaica website, showing US dollar to JA dollar average exchange rate over the years. (First year I went to Jamaica, $1 US got you $1.78 JA). You could find a nice place to stay for $20 or $30 JA back then.
http://www.boj.org.jm/foreign_exchan...tes_annual.php
Correct, except for the 70's there always seem one reason or the other creating a need for US$$.Quote:
Originally Posted by Accompong